National Aboriginal Capital Corporations Association

NACCA does not make centralized investment decisions. The 50-plus member Indigenous Financial Institutions originate, underwrite, and manage loans independently. NACCA provides capacity-building, advocacy, and program delivery, while an all-Indigenous board governs the association itself. CEO Shannin Metatawabin leads the umbrella organization, but credit decisions reside with the frontline IFIs.

Member IFIs are embedded in First Nations, Métis, and Inuit communities across Canada. Entrepreneurs approach these local institutions directly for loans and business support. NACCA’s website notes that all supported entrepreneurs are members of a recognized Indigenous community, making the IFIs a community-based origination channel rather than a brokered or centralized sourcing model.

The core activity is direct developmental lending through member IFIs, which have provided more than 50,000 loans. NACCA has also launched the Indigenous Growth Fund to channel capital into larger-scale Indigenous enterprises, but standard limited-partner fund commitments are not part of its disclosed model.

The IFI network serves early-stage, start-up, expansion, and late-stage small and medium-sized enterprises. Programs such as IWE and IYE specifically target women and youth entrepreneurs at the formation and growth phases, while the Indigenous Growth Fund aims at enterprises ready to scale beyond the typical IFI loan size.

The Indigenous Growth Fund is a NACCA-led initiative designed to provide larger-scale capital to Indigenous businesses that have outgrown standard IFI loan products. NACCA lists the fund alongside its SITES tourism-finance stream as part of its specialized capital offerings, distinct from the core network lending.